2024 Revenue in BRL 32,051 (Brazilian Reals) = USA$ 5,649 Billion
2023 Revenue in BRL 26,503 Billion (Brazilian Reals) = USA$ 4,671 Billion

1 BRL = 0.1763 USD as of 17 March 2025.
Fábio Barbosa Group CEO of Natura &Co, stated

“2024 was another important year in the Group’s simplification strategy announced in July 2022. Following the divestments of Aesop and TBS, the deleveraging process, and the launch of Natura and Avon integration in Latin America (“Wave 2”) in 2023, 2024 was primarily marked by the successful completion of the Wave 2 in Brazil—our most important country—and the voluntary restructuring of API, which was concluded in December. Beyond these key initiatives, we continued to further streamline the Holding structure throughout the year.

In support of Avon Products Inc.’s voluntary Chapter 11, a cash payment of USD 34 million was made, as previously disclosed to the market.
In addition, the Company acquired back Avon International entities outside the U.S. through a USD 125 million credit bid. On the operational side, Avon International continued to deliver a lackluster performance during the quarter, facing top-line headwinds that further impacted the profitability of the business unit.
Latam’s fourth quarter results showed a healthy top-line trend following the first nine months

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